Boxed In By Home Depot's Share Price

By

Spencer Jakab

Updated Nov. 12, 2012 5:32 p.m. ET

The storm has been just perfect for Home Depot Inc.

No, not Sandy, though that will do its part to help the home-improvement retailer, too. This year's turnaround in the housing market and investors' renewed love affair with blue-chip dividend payers have helped send its shares up 48%.